ISDA Responds to UK Climate Change Committee Call For Evidence on Carbon Offsets

On February 28, ISDA submitted a response to the UK Climate Change Committee (CCC) call for evidence on carbon offsets. The CCC is an independent statutory body advising the UK government on emissions targets that is planning to develop a more in-depth piece of work on voluntary carbon offsets, which will culminate in a report on offsets to be published later in 2022.

In its response, ISDA highlights its interest in the development of a robust voluntary carbon offset market that will strengthen the functioning of the carbon derivatives markets and enable the continued development of liquidity in derivatives products so that market participants can appropriately manage their business risks. It points out that one of the main obstacles to advancing voluntary carbon trading is a lack of clarity about the legal nature of voluntary carbon credits that is necessary to create robust voluntary carbon credit markets, which in turn will enable the development of a clear price signal for carbon and allow funds to be efficiently channeled towards emissions-reducing projects.

Documents (1) for ISDA Responds to UK Climate Change Committee Call For Evidence on Carbon Offsets

ISDA Response to EC on Environmental Legislation

On September 10, ISDA, the Association for Financial Markets in Europe (AFME) and the European Fund and Asset Management Association (EFAMA) submitted a joint response to the European Commission’s (EC) call for evidence on reducing the administrative burden in environmental...

Credit Derivatives Trading Activity Q2 2025

This report analyzes credit derivatives trading activity reported in Europe. The analysis shows European credit derivatives transactions based on the location of reporting venues (EU versus UK) and product type. The report also compares European-reported credit derivatives trading activity to...

Recognition of Cross-product Netting is Critical

US regulators are in the process of making important changes to the regulatory capital framework by proposing modifications to the enhanced supplementary leverage ratio, which should help stop it from acting as a non-risk-sensitive constraint on bank capacity – a...